For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.
Read more about the by the MAS, Association of Banks in Singapore, the Life Insurance Association, the General Insurance Association and the Finance Houses Association of Singapore to help individuals and SMEs affected by the COVID-19 pandemic.
MAS regulates financial institutions in the banking, capital markets, insurance and payments sectors. View the regulations and licensing requirements for your sector.
Technological innovation and advancement are rapidly transforming the financial sector. The success of the digital transformation in the financial sector is underpinned by the safety and soundness of these technologies. Find out MAS’ strategies and guidance for financial institutions to achieve cyber resilience.
MAS is the integrated regulator and supervisor of financial institutions in Singapore.
MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions. Combined with close supervision, these instruments help MAS achieve the outcome of a sound and progressive financial services sector.
Informs all insurers on expectations to update MAS on their BCM contact details annually or when there are any changes. The annual updates should be sent to MAS by 31 March of each year.
MAS and The Association of Banks in Singapore jointly issued a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic. The paper, “Risk Management and Operational Resilience in a Remote Working Environment” highlights possible risks to FIs in the areas of operations, technology and information security, fraud and staff misconduct, and legal and regulatory risks. It also examines the impact on people and culture that may be brought about by remote working. The paper suggests key risk management actions and examples of mitigating controls that FIs should benchmark themselves against.
Form for entities to apply for a financial adviser's licence.
Guidelines on the licensing admission criteria for persons applying for a financial adviser’s licence under the Financial Advisers Act.
Guidelines on the criteria and procedures for registration as an insurance broker.